Rentenbank talks seven-year notes at mid-swaps plus 6 bps area

By Aleesia Forni

Virginia Beach, Sept. 23 – Landwirtschaftliche Rentenbank set talk for its planned offering of seven-year notes in the area of mid-swaps plus 6 basis points, an informed source said.

J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Nomura and RBC Capital Markets LLC are managing the sale.

Proceeds will be used to finance lending activities.

The German development agency for agribusiness is based in Frankfurt.

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